Clearing and settlement
European Commodity Clearing AG (ECC) is a clearing house whose range of services comprises clearing and settlement for exchange and over-the-counter transactions in energy and related products. Since its establishment in 2006, ECC has constantly expanded its range of products, its clearing membership and its exchange partnership network. Currently, ECC provides clearing as well as physical and financial settlement of the transactions concluded on APX -ENDEX, CEGH Gas Exchange of Wiener Börse, EEX, EPEX Spot and Powernext.
Its automated and integrated clearing and risk management services, across a range of markets and commodities, allow ECC to standardize processes and lower collateral requirements, providing members with cross-commodity and cross-currency clearing at a reduced cost. ECC operates within a robust and international corporate governance structure and according to internationally recognized standards for capital markets, institutions and clearing houses.